Bloomberg Latvia’s political parties are discussing four candidates to lead the central bank after IlmarsRimsevics’s term ends in December, Latvia’s LatvijasAvize newspaper reported. Under consideration are Roberts Zile, a member of the European Parliament, Martins Kazaks, a central bank board member, UldisCerps, a former director of the banking regulator, and KarlisBauze, who previously headed monetary policy at the central bank, ...

Bloomberg Four payments companies that have joined Facebook Inc as founding members of the Libra Association are wavering over whether to officially sign on to the cryptocurrency project, according to people familiar with the matter. Visa Inc, Mastercard Inc, PayPal Holdings Inc and Stripe Inc are undecided about formally signing onto Libra’s organising charter because they’re concerned about maintaining positive ...

WASHINGTON, DC / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, met US Secretary of State Mike Pompeo, US National Security Adviser Robert O’Brien in Washington DC, and other senior US officials. In separate meetings, Sheikh Abdullah and the officials discussed bilateral cooperation between the UAE and the US to ensure security ...

DUBAI / WAM The 10th edition of the Annual Investment Meeting, AIM, is set to take place from March 24-26, 2020, at the Dubai World Trade Centre. The event will offer delegates from around 150 countries a platform to keep abreast of the latest trends and best practices in investments around the world. Themed ‘Investing for the Future: Shaping Global ...

Dubai / Emirates Business Dubai Land Department (DLD) participated as ‘City Partner’ in the International Real Estate Expo (IREX) 2019 hosted by the Indian capital New Delhi over two days. This comes as part of DLD’s keenness to register a distinguished presence in major international events to promote Dubai’s real estate market and highlight the unique opportunities this sector offers ...

GENEVA / WAM The UAE Ministry of Economy and the Korean Intellectual Property Office (KIPO), signed a Memorandum of Understanding (MoU) to utilise artificial intelligence (AI) technologies in intellectual property titles such as patents, trademarks, industrial designs, and copyright. The MoU was signed in Geneva on the sidelines of the 59th Series of Meetings of the Assemblies of the Member ...

Dubai / Emirates Business Emirates’ award-winning A380 made its debut at Cairo International Airport (CAI) on Wednesday as the airline brought its popular aircraft to Egypt for the first time. The landing demonstrated the airport’s readiness to accommodate the A380, the world’s largest commercial passenger jet. Welcomed with a ceremonial water cannon salute, the A380 flight was led by Egyptian ...

Dubai / Emirates Business Dubai Chamber of Commerce and Industry hosted a high-level business delegation from Europe which is currently visiting the UAE to explore business opportunities in key sectors and fields related to Expo 2020, including food and beverage, healthcare, ICT, energy, environment, construction and circular economy. As part of the visit, Dubai Chamber facilitated nearly 300 business matching ...

Bloomberg North Korea fired what appeared to be a ballistic missile designed for submarines, testing President Donald Trump’s tolerance for weapons tests just hours after agreeing to restart stalled nuclear talks with the US. The South Korean military said the missile was fired near North Korea’s eastern Wonsan area just after 7 am on Wednesday and flew 910 kilometers (570 ...

Bloomberg Mali’s government said 25 soldiers were killed in a gun battle with militants who broke into an army base near the border with Burkina Faso, the second-deadliest attack on the military since extremists tried to seize the north of the country in 2012. “During heavy gunfire from the terrorists our forces succeeded in retaking the base” in the town ...